Indirect Tax Collections up 42.8% During April -December, 2010 75.7 Percent of Budget Estimates Achieved

Last updated: 18 January 2011


Indirect Tax Collections up 42.8% During April –December, 2010 75.7 Percent of Budget Estimates Achieved 

 

Indirect tax collections registered a growth of 42.8 per cent during April-December, 2010 which is 75.7 per cent of the Budget Estimates for the fiscal 2010-11.  With Rs. 99830 crore customs collections increased 68.1 per cent and covered 86.8 per cent of total Budget Estimates.  Central excise collection was Rs. 93281 crore, registering a growth of 33.7 per cent which was 71.5 per cent of Budget Estimates for the fiscal.   With 44081 crore service tax collections registered a growth of 19.2 per cent and achieved 64.8 per cent of Budget Estimates for the current financial year. 

 

 

Customs, Central Excise and Service Tax Revenue (Provisional) collection during April- December, 2010 along with comparative data for the corresponding period of previous year and growth rate over previous year are given below:

 

 (In Rs. crore)

 

Head

B.E

Revenue collection during April- December

% growth during April- December

% BE

achieved

2010-11

2009-10

2010-11

2010-11

2009-10

2010-11

Customs

115000

59402

99830

68.1

60.6

86.8

Central Excise

130471

69747

93281

33.7

66.4

71.5

Service Tax

68000

36984

44081

19.2

56.9

64.8

Total

313471

166133

237192

42.8

62.0

75.7

 




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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